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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net income (loss) $ 8,184 $ (3,814)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 11,423 11,577
Provision for bad debts 396 0
Stock-based compensation 752 643
Amortization of deferred financing costs 774 577
Interest income on interest rate swap 0 (357)
Deferred income taxes 937 (5,231)
Loss on sales of property and equipment 7 15
Changes in operating assets and liabilities:    
Accounts receivable 5,576 5,773
Inventories 1,256 (3,503)
Prepaid expenses and other current assets (1,645) (2,414)
Accounts payable (2,584) 421
Accrued expenses and other liabilities (607) (1,995)
Income taxes payable 447 125
Other assets and liabilities (1,590) (763)
Net cash provided by operating activities 23,326 1,054
Cash flows from investing activities:    
Cash paid for property and equipment (430) (438)
Net cash used in investing activities (430) (438)
Cash flows from financing activities:    
Repayment of long-term debt (9,904) (1,305)
Payment for redemption of convertible preferred stock (5,330) 0
Payment of preferred dividends (3,002) 0
Proceeds from long-term debt 0 1,070
Net cash used in financing activities (18,236) (235)
Effect of exchange rate changes on cash and cash equivalents and restricted cash (1,822) (1,369)
Net increase (decrease) in cash and cash equivalents and restricted cash 2,838 (988)
Cash and cash equivalents and restricted cash, beginning of period 50,030 29,817
Cash and cash equivalents and restricted cash, end of period 52,868 28,829
Cash paid for:    
Cash paid for interest 5,012 6,600
Cash paid for income taxes 842 1,441
Supplemental schedule of non-cash investing and financing activities:    
Accrued purchases of property and equipment 95 32
Reconciliation of cash and cash equivalents and restricted cash:    
Total cash and cash equivalents and restricted cash $ 52,868 $ 28,829